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What is the annual payment (paid at the end of the year) if a homeowner wants to finance a PV system that costs $12,500 after

  1. What is the annual payment (paid at the end of the year) if a homeowner wants to finance a PV system that costs $12,500 after all applicable tax credits and incentives, the length of the loan will be 25 years, and the interest rate is 4%?

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